by AIP Online Bureau | Jul 2, 2024 | Health, Indian News, Non-Life, Wealth Management/ Philanthropy
The IPO with a face value of Rs 10 each is a mix of fresh issuance of Rs 800 crore and an offer for sale of up to Rs 2,200 crore by promoter and investor selling shareholders.The offer for sale consists of up to Rs 320 crore by Bupa Singapore Holdings Pte. Ltd., and...
by AIP Online Bureau | Jun 16, 2024 | Banking & Bancassurance, Indian News, Non-Life, Technology, Wealth Management/ Philanthropy
Dinesh Kumar Khara,Chairman,State Bank of India This move is anticipated to enhance valuation and deliver superior returns for the parent company, State Bank of India Mumbai: SBI Chairman Dinesh Kumar Khara has announced a strategic delay in monetizing the...
by AIP Online Bureau | Jun 16, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The planned IPO is structured entirely as an offer for sale (OFS) involving 142,194,700 equity shares by Hyundai Motor Company, as detailed in the draft red herring prospectus (DRHP). Notably, there is no fresh issue component in this offering Mumbai: Hyundai Motor...
by AIP Online Bureau | May 23, 2024 | Indian News, Non-Life, Wealth Management/ Philanthropy
The stock began the trade at Rs 281.10, up 3.34 per cent from the issue price on the BSE. During the day, it climbed 15.44 per cent to Rs 314. Shares of the company ended at Rs 305.75 apiece, up 12.40 per cent New Delhi: Shares of Go Digit General Insurance Ltd,...
by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy
As per the combined bid details put out by the BSE at the close of Day-3, Go Digit General Insurance Ltd was subscribed 9.60X overall, with best demand coming from the QIB Segment, followed by the HNI / NII segment and the Retail segment in that order. The QIB portion...
